Canadian Solar (CSIQ) COO exercises 1,660 RSUs and withholds 983 shares for taxes
Rhea-AI Filing Summary
Canadian Solar Inc. Chief Operating Officer Dylan Marx reported routine equity compensation activity involving Restricted Share Units and common stock. On May 26, 2026, he exercised 1,660 Restricted Share Units into an equal number of common shares at $0.00 per share as a derivative exercise.
On the same date, 983 common shares were disposed of at an average price of $19.4516 per share as a tax-withholding disposition, meaning the shares were delivered to cover tax obligations rather than sold in the open market. Following these transactions, Marx directly owned 4,554 common shares of Canadian Solar.
Positive
- None.
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Insider Trade Summary
Net Buyer: 677 shares
Net Buy
3 txns
Insider
Marx Dylan
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 1,660 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,660 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 983 | $19.4516 | $19K |
Holdings After Transaction:
Restricted Share Units — 11,840 shares (Direct);
Common Stock — 4,554 shares (Direct)
Footnotes (1)
- F1. These RSUs have no expiration date.
Key Figures
Tax-withholding shares: 983 shares at $19.4516
RSUs exercised: 1,660 RSUs
Shares held after: 5,537 shares
+1 more
4 metrics
Tax-withholding shares
983 shares at $19.4516
Common stock disposed of for tax withholding on May 26, 2026
RSUs exercised
1,660 RSUs
Restricted Share Units converted to common stock at $0.00 exercise price
Shares held after
5,537 shares
Common stock directly owned by Dylan Marx after transactions
RSUs expiration
No expiration date
Footnote states these Restricted Share Units have no expiration date
Key Terms
Restricted Share Units, tax-withholding disposition, derivative exercise/conversion
3 terms
tax-withholding disposition financial
"983 common shares were disposed of as a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"He exercised 1,660 Restricted Share Units into an equal number of common shares as a derivative exercise"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Canadian Solar (CSIQ) report for COO Dylan Marx?
Canadian Solar COO Dylan Marx exercised 1,660 Restricted Share Units into common stock and had 983 common shares disposed of for tax withholding. These transactions on May 26, 2026 are routine compensation-related events rather than open-market buying or selling activity.
Was the Canadian Solar (CSIQ) Form 4 a market sale by the COO?
The Form 4 shows no open-market sale by the COO. Instead, 983 shares were disposed of as a tax-withholding transaction at $19.4516 per share, covering tax liabilities tied to the exercise of 1,660 Restricted Share Units into common stock.
What does the tax-withholding disposition in the Canadian Solar (CSIQ) Form 4 mean?
The tax-withholding disposition means 983 Canadian Solar shares were delivered to cover tax liabilities, not sold on the market. This is labeled with transaction code F, described as payment of tax liability by delivering securities rather than a discretionary sale by the insider.
What derivative activity involving RSUs is disclosed for Canadian Solar (CSIQ) COO Dylan Marx?
The filing shows a derivative exercise of 1,660 Restricted Share Units, converting them into 1,660 Canadian Solar common shares at a $0.00 exercise price. A related footnote notes these RSUs have no expiration date, highlighting they function as time-vested equity compensation.